What are the responsibilities and job description for the Financial Controller position at Hire Ability Recruiting?
Title: Controller
Location: Bowie and/or Rockville, MD
Salary: $120-155k bonus
In-office: Mon-Fri, 5x a week
Must haves: stable work history, must be able to get into the office daily. Must be a US Citizen or permanent resident
Job Summary:
The Controller will oversee all financial activities, including accounting, financial reporting, budgeting, and compliance, ensuring the financial health and regulatory compliance of the construction company. The role requires strong financial acumen, industry knowledge, and leadership skills to manage financial operations effectively.
Key Responsibilities:
Financial Management & Reporting
- Oversee daily accounting operations, including accounts payable, receivable, payroll, and general ledger functions.
- Prepare and analyze financial statements, ensuring accuracy and compliance with GAAP and other applicable regulations.
- Monitor cash flow, forecasting, and working capital to ensure financial stability.
- Develop and maintain internal controls to protect company assets.
- Provide financial insights and recommendations to senior management for decision-making.
Budgeting & Forecasting
- Lead the budgeting process, including preparation, implementation, and monitoring of financial plans.
- Conduct variance analysis and provide explanations for discrepancies.
- Collaborate with project managers to ensure accurate job cost tracking and budget adherence.
Compliance & Risk Management
- Ensure compliance with federal, state, and local tax regulations, including sales tax and payroll tax.
- Work with external auditors, preparing necessary documentation and responding to audit requests.
- Maintain compliance with industry-specific financial regulations and reporting requirements.
- Assess financial risks and implement measures to mitigate potential financial exposure.
Process Improvement & Technology
- Evaluate and implement financial systems and software to enhance efficiency and accuracy.
- Improve financial processes, policies, and procedures to streamline operations.
- Implement automation strategies to optimize financial reporting and accounting functions.
Team Leadership & Collaboration
- Lead and mentor the accounting and finance team, fostering professional growth.
- Collaborate with operations, procurement, and project management teams to align financial goals with business objectives.
- Act as a liaison between the company and external financial institutions, vendors, and regulatory agencies.
Qualifications & Experience:
- Bachelor’s degree in Accounting, Finance, or related field
- Minimum of 5 years of accounting experience, with at least 3 years in construction
- Experience in the construction industry, including job costing, WIP schedules, cost accounting and project based accounting.
- Strong knowledge of GAAP, financial reporting, and tax compliance.
- Proficiency in accounting software (e.g., QuickBooks) and Microsoft Excel.
- Excellent leadership, problem-solving, and communication skills.
- Ability to handle multiple priorities and work in a fast-paced environment.
Preferred Skills:
- Experience with ERP systems and financial process automation.
- Knowledge of lien laws, bonding, and insurance requirements in the construction industry.
- Understanding of project management principles and how they impact financial reporting.
Work Environment:
- Office-based role with occasional site visits.
- Interaction with multiple departments and external stakeholders.
Salary : $120,000 - $155,000